If I bribed a loan officer 10,000 to give?

Lets say I was offered 20,000 commission if I sold a house to someone with a low credit score. If I bribed a loan officer half of my commission (10,000) to give the low-credit guy a loan but the loan officer requested that I just donate it to a charity under his name can I count that as tax deductible? Would I also

Lets say I was offered 20,000 commission if I sold a house to someone with a low credit score. If I bribed a loan officer half of my commission (10,000) to give the low-credit guy a loan but the loan officer requested that I just donate it to a charity under his name can I count that as tax deductible? Would I also report 20,000 or 10,000 as income?
Note* This is not real it was a case given in class.

Other answer:

john:
You have two problems – first, you have committed an illegal act (bribery). Overlooking that, the $10,000 is your donation so you would deduct it. The second problem is that the loan officer is not the person who approves the loan – that is the underwriter's job so you can forget the donation since the underwriter will decline the mortgage, A loan officer only processes the loan application and passes it on to the underwriter.

SumDude:
The $20,000 is reported as income. If there were no paper trail or witnesses as to the reason for the $10,000 donation you could report it on your Schedule A. Whether or not this helps your tax liability (and by how much) is dependent on other factors (primarily – your marital status, your other deductions, and your tax rate).

Never:
You really need to lay off the weed. Loan officers would lose their jobs doing that.

tro:
right off the bat, the offer to falsify any information is wrong, and guess who gets it in the end when all the chips fall, right YOU!
the matter of donating is of no consequence since it was illegal from the start
however, if you donate in someone else's name, the organization sends 'that' person the letter of acknowledgement, not you and this would not allow you to claim it as a charitable deduction

rick29148:
You wan to report a bribe as income ??? Easier to just go the the nearest police station & turn yourself in….

Bob:
You report $20,000 in income, as for the deduction…no as you made in his name